Coinopening
No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO
No Result
View All Result
Coinopening
No Result
View All Result
Home Press Release

Take Quizzes and Earn Crypto with Phemex

by Press Release
March 25, 2022
in Press Release
0
Ninja Fantasy Trader Announces Its First Trading Contest of NFTraders or Samurais
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter

Trust Wallet, a crypto wallet app rated at 4.7 stars and with a total of 166,379 reviews – take from that what you will – has reported on its official Twitter page and community webpage that the app became unavailable “on March 21, 2022 at 1pm PST”, which seems to match the time of the outage reported by more than 3,000 users on Downdetector. 

BTC Wires, a leading online digital platform that provides information about crypto and blockchain technology, examined possible reasons in the Trust Wallet case, and came up with steps that crypto users can take. 

What Was the Reason?

Related articles

Solanaland Announces the Pre-sale of $SLAND Token on PinkSale

Ajna And Oasis.app Launch ‘Inside Baseball’ Twitter NFT Activation — Ajna Games

It is still uncertain if the above mentioned events are related, though the company behind Trust Wallet seems committed to assuring its users that the problem will be solved in “a timely manner”, and transactions have been confirmed to be working just fine. 

Another possible explanation for the sudden disappearance of the app from the store might be related to App Store guidelines regarding the use of third-party payment services, which seems to be the case, at least for Trust Wallet, with the words:

“The app does not sell any crypto, you will be redirected to a 3rd party provider” hanging over its official community post forewarning crypto adventures just as those of Dante in the famous Italian comedy. 

Apple has reportedly restricted the use of third-party payment integrations when there’s no physical exchange of goods or services, making adjustments to their policies whenever legally obliged and/or pressured, as is the case in the Netherlands and in South Korea. However possible for this to be the case surrounding the issue with some wallets, nothing has been disclosed by Apple or by any other company that would confirm this theory. 

Are Other Wallets at Risk?

Nevertheless, many users of other wallets and wallet services embedded with exchange platforms have understandably become wary about the situation, which expands the proportion of need-to-know information one requires before trusting any amount of money to a service. 

With that in mind, here are a couple of options one can rely on to not have that issue:

  • NOW Wallet: Since the company behind the wallet is likewise behind the exchange platform, they do not depend on a third party to execute the payments, thus they are compliant with App Store guidelines. The wallet supports nearly 400 cryptocurrencies, about 60 fiat currencies, and NFTs. Since it is non-custodial, the user has full control of the private keys and the funds. There are other benefits to this wallet as well, such as its simplicity and straightforward app design, making the learning curve accessible even to the most tech-averse person.
  • Coinbase Wallet: Coinbase is a staple in the crypto market by now, and its Wallet product, in opposition to the regular Coinbase service, is a DEX, thus allowing crypto swapping just as other DEXs. It supports all ERC-20 tokens (including USDC and DAI), BTC, BCH, LTC, XRP, XLM, and DOGE. Since its inception, it has been known for its appeal among beginners and is well regarded by its users.
  • eToro Money Crypto Wallet: Another great option for those who like stability. eToro, like Coinbase, has established itself in the crypto market as a reliable broker service and a wallet. It’s trustworthy, supports over 500 crypto pairs, and is secure. On the other hand, it might be too much of a challenge for beginners.
  • Gemini Wallet: If you are out there looking for something different, this might be what you’re looking for. Gemini offers a hot wallet insurance in case of a security breach or hack, which is an added bonus when dealing with money on the internet. There is good and bad in this wallet. Some of the fees can be quite high, and you don't get as many options of currencies (about 70 crypto assets) and they're not as variable as you would get with other wallets. Despite this, it still has a reputation as a reliable wallet.
  • Ledger Live Wallet: Now if you are in for something more niche, you might like Ledger Live. The wallet is powered by Ledger, the most reliable hardware wallet available, supports 1,800 coins & tokens, and uses advanced security features. The only downside is the lack of online customer support.

Those are not the only alternatives but are currently some of the most reliable ones out there. The perfect fit for you will largely depend on your crypto interests, and while the aforementioned wallets deal with a wide range of assets, you should always do your own research and see what better matches your needs.

Visit BTC Wires to find more news and other crypto-related information. 

Related Posts

Solanaland Announces the Pre-sale of $SLAND Token on PinkSale
Press Release

Solanaland Announces the Pre-sale of $SLAND Token on PinkSale

March 25, 2023
Ajna And Oasis.app Launch ‘Inside Baseball’ Twitter NFT Activation — Ajna Games
Press Release

Ajna And Oasis.app Launch ‘Inside Baseball’ Twitter NFT Activation — Ajna Games

March 24, 2023
Exordium to launch AI GameToEarn – a Web3 Gaming Platform powered by AI
Press Release

Exordium to launch AI GameToEarn – a Web3 Gaming Platform powered by AI

March 24, 2023
World’s 1st Trillionaire Appeared in the Metaverse!
Press Release

World’s 1st Trillionaire Appeared in the Metaverse!

March 24, 2023
InvestroAI Launches Token Presale on Pinksale Launchpad
Press Release

InvestroAI Launches Token Presale on Pinksale Launchpad

March 24, 2023
New Frontier Presents (NFP) Explains the Importance of Digital Identity
Press Release

New Frontier Presents (NFP) Explains the Importance of Digital Identity

March 24, 2023

POPULAR NEWS

Top 10 NFT marketplace on BSC

Top 10 NFT marketplace on BSC

June 1, 2021
Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

Bictory Finance- Deploys its Holistic Financial Products on Concordium Network

June 1, 2021
OnlyFans Creates Massive Opportunity For A New Platform To Take Over The Adult Entertainment Industry

OnlyFans Creates Massive Opportunity For A New Platform To Take Over The Adult Entertainment Industry

August 23, 2021

Bitcoin futures ETF is available for trading on NYSE Arca, see how ZT shines in the ETF market

October 25, 2021
BitMart Innovates with Exclusive “Vote to Earn” NFT

BitMart Innovates with Exclusive “Vote to Earn” NFT

September 21, 2022

EDITOR'S PICK

SolChicks Set to Launch Record-Breaking IDO

June 2, 2022
Bitcoin Inches Closer To Elusive $21,000 Level

Bitcoin Inches Closer To Elusive $21,000 Level

October 29, 2022

Flovatar Releases Anticipated Tokenomics In The New DUST Token Article

June 6, 2022
Online Crypto Casino with Wager Free Bonuses

Online Crypto Casino with Wager Free Bonuses

June 8, 2022

About

We publish a comprehensive news feed covering all news relevant to the crypto user, covering main industry news, politics and regulation as well as consumer-level “news you can use” (practical stuff), including handy DIY tips, links to useful tools, unbiased reviews and opinions revolving around cryptocurrency. Simple logic and real-world examples are preferred before technical jargon and personal rants.

Follow us

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market
  • Press Release
  • Regulation
  • Uncategorized

Recent Posts

  • Where the U.S. Government Went Wrong in Regulating Crypto
  • Almost 1B ARB Tokens Claimed; Scammer Tries to Phish Arbitrum
  • Solanaland Announces the Pre-sale of $SLAND Token on PinkSale
  • Bitcoin Hashrate Hits 400 EH/s As Miners Profit From Bull Market
  • About Us
  • Privacy Policy
  • Contact Us

© 2020 coinopening.com

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Cryptocurrency
    • Altcoin
    • Litecoin
  • Blockchain
  • Regulation
  • Market
  • Prices
  • ICO

© 2020 coinopening.com

  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003680-6.82%
  • lympoLympo(LYM)$0.004392-4.43%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • CornichonCornichon(CORN)$0.073096-0.86%
  • StacyStacy(STACY)$0.0007100.00%
  • RelevantRelevant(REL)$0.780.38%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%